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PortuguêsOn Friday, October 15, 2021, the U.S. Commodity Futures Trading Commission (CFTC) announced that it had ordered the company Tether Holdings Limited and Ifinex Inc., the parent company of Bitfinex,…
Continue ReadingPer a press release, the U.S. Commodity Futures Trading Commission (CFTC) has disclosed that their review on Tether Holding Limited and other associated companies has concluded. As a result, Tether…
Continue ReadingOn Wednesday, October 13, 2021, the market capitalization of all the stablecoins in existence is around $134 billion, which is 5.60% of the entire $2.4 trillion crypto economy. While centralized…
Continue ReadingThe come-up of the FTX cryptocurrency exchange has been one of the most inspiring stories out of the crypto space. Its success put its CEO Sam Bankman-Friend on the path…
Continue ReadingStablecoins are digital currencies pegged to a sovereign currency such as the U.S. dollar. Tether is the largest among them with a market cap of $68B, at the time of…
Continue ReadingStablecoins have been under a lot of regulatory scrutiny off late, largely due to unclarified laws around the world. In response to this upheaval, the Bank of International Settlements (BIS)…
Continue ReadingOn September 24, the staff writer for The New Republic, Jacob Silverman, tweeted about a Freedom of Information Act (FOIA) request he filed that was ultimately denied. On the social…
Continue ReadingAs of September 25, 2021, there’s $129.3 billion worth of stablecoin assets in existence which represents 6.54% of the crypto economy. The second-largest stablecoin by market valuation, USDC, has seen…
Continue ReadingCryptocurrency addresses allegedly used by Russian exchange Suex, recently placed under U.S. sanctions, have received more than $934 million in crypto assets, blockchain analysis suggests. According to the Treasury Department,…
Continue Reading“The stablecoins are acting almost like poker chips at the casino right now… We’ve got a lot of casinos here in the Wild West, and the poker chip is these…
Continue ReadingThe COVID-19 pandemic managed to bring the world economy on its knees. As countries are still recovering and picking up the pieces, another concern awaits them – the Evergrande Crisis.…
Continue ReadingOn August 5, 2021, the Ethereum network and its participants successfully completed the highly anticipated London upgrade, which saw the implementation of the Ethereum Improvement Proposal (EIP)-1559. Since then, 303,681…
Continue ReadingAs onlookers predict top Chinese property developer and commercial paper issuer Evergrande will default, some analysts believe the firm poses systemic risks to crypto. Amid speculation as to whether China’s…
Continue ReadingAccording to reports on social media, crypto forums, onchain metrics, and the Solana Status Twitter account indicate that Solana’s blockchain has stalled. Solana mainnet-beta suffered a four-hour downtime and is…
Continue ReadingThe infamous dogecoin was one of the first meme-based digital currencies and it’s safe to say that the coin inspired a myriad of meme-focused or joke tokens meant to be…
Continue ReadingThe stablecoin giant tether is by far the largest dollar-pegged crypto asset in the crypto economy and today, the number of tethers in circulation is nearing $70 billion. 90 days…
Continue ReadingThe cryptocurrency solana reached another all-time high on September 9 at $213 per coin. The digital currency’s market valuation has swelled significantly, pushing dogecoin from its position in the top…
Continue ReadingCrypto traders flocked to the safety of stablecoins during the Sept. 7 market crash. A sharp sell-off across the cryptocurrency market Tuesday—that saw top tokens like Bitcoin (BTC), Ether (ETH),…
Continue ReadingWhile bitcoin prices have risen in value during the last two weeks, bitcoin dominance levels have slipped to lows not seen since the June 6 low of 41%, and the…
Continue ReadingA less prominent cryptocurrency exchange, Bilaxy, confirms a major hacking incident on its platform. In addition, the exchange reports some fund losses from the attack on its platform’s ERC-20 hot…
Continue ReadingThe market capitalization of the world’s largest stablecoin received a boost despite facing regulatory threats in the United States. Tether Holdings Ltd, the issuer of the largest stablecoin, Tether (USDT),…
Continue ReadingA Venezuelan individual has reportedly purchased an apartment using cryptocurrency, specifically Tether, in the coastal state of Anzoategui last month. This is one of the first purchases of real estate…
Continue ReadingThe price of the axie infinity tokens otherwise known as “shards,” has continued to skyrocket in value capturing fresh new price highs. The asset is changing hands for 10% lower…
Continue ReadingOn Friday, the price of the token cardano spiked over the $2 handle nearing the crypto asset’s all-time high that took place three months ago. Cardano’s price jump derived from…
Continue ReadingOn Friday, a few days after the initial hack for $611 million, the Poly Network project detailed that the company has obtained all the assets stolen minus the frozen tether…
Continue ReadingTwo days after the notorious Poly Network hack, the hacker continues to send funds back to the project. On August 12, the Poly Network hacker so far has returned millions…
Continue ReadingOn August 11, the blockchain intelligence firm Chainalysis published its findings on the recent Poly Network hack which saw the loss of approximately $611 million crypto tokens. The assessment from…
Continue ReadingOn Tuesday, the decentralized finance (defi) project Poly Network was hacked for over $600 million in digital assets. The attack was the largest defi hack to date eclipsing all of…
Continue ReadingOn August 10, the decentralized finance (defi) project Poly Network suffered a loss of over $600 million according to various reports. The hack follows a recent Ciphertrace report on how…
Continue ReadingThe company behind the increasingly popular USDC stablecoin dreams big. Circle wants to leverage its know-how and good reputation to become “a global digital currency bank.” That means it’s also…
Continue ReadingTether Limited has released an assurance report reviewed by Moore Cayman, an auditor of investment funds and digital assets. The report provides a breakdown of the company’s assets and reserves…
Continue ReadingThe Ethereum game Axie Infinity continues to see demand as the developer Sky Mavis revealed on Friday there are now more than 1 million daily active players. Additionally, the game…
Continue ReadingTether has been facing a lot of pressure from regulatory authorities. Now, the attention of the watchdogs has shifted to its commercial paper reserve. As a result, this week has…
Continue ReadingTether is still under regulatory pressure with eyes now cast towards its commercial paper reserves. The firm behind the world’s leading stablecoin, Tether, is facing more regulatory pressure this week…
Continue ReadingPer a Bloomberg report, executives from Tether Limited, the company behind stablecoin USDT, could face a criminal probe for alleged bank fraud. The investigation is currently ongoing with the U.S.…
Continue ReadingThe Tether general counsel has declared an official audit in few months. USDT is a popular stablecoin occupying the third position in global digital assets. As it’s on blockchain that…
Continue ReadingTether’s general counsel said a full audit is coming in months. There will be an official audit of the world’s most popular stablecoin Tether within months according to the project’s…
Continue ReadingGrant Horton has conducted an audit on USDC’s reserves and Jim Cramer has questioned what’s going on with Tether‘s commercial paper reserves. Auditors working for Circle have disclosed the reserves…
Continue ReadingBitcoin has dropped below the $30k mark, while stablecoins go strong as they surpass over $100 billion in total supply. Total Stablecoin Supply Is Now More Than $100 Billion According…
Continue ReadingThe President’s Working Group on Financial Markets expects to deliver regulatory recommendations for stablecoins in the coming months. United States Treasury Secretary Janet Yellen has told financial regulators that the…
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